It's a great community where knowledge sharing and advice has become a core part of the ecosystem. And long-term it only helps the spread and adoption of bitcoin and cryptocurrencies in general.

Link to post:
https://bitcointalk.org/index.php?topic=5274996.msg55173720#msg55173720

Hey appreciate the giveaway and thanks for handing out merit.

Here is my post:
https://bitcointalk.org/index.php?topic=5274996.msg55173720#msg55173720

I wouldn't say it's the future of crowdfunding but it is certainly a way to go about it. And as with everything there are pros and cons. Just look at the ICO boom with so many projects crowdfunding using bitcoin and then exit scamming with the money they collected.

this is just "when pump?" but with more words. lol. As a long-term hodler it shouldn't matter if it goes up or down from here. Come back in 5 years and evaluate. 

The most simple way would be to use it like money rather than a store of value like gold. This however will happen only after mass adoption or probably even never. or maybe a hybrid of the two where it's a store of value as well as money.

The sentiment in India is largely negative about bitcoin considering the RBI's stance, trading ban and subsequent lifting of the ban by the supreme court.
Most people are agnostic and have no clue about Bitcoin in india so they tend to avoid it. As a currency, however, it is technically illegal so maybe that's why the negative outlook.

Here's an article that'll give you an overview of the situation:
https://m.economictimes.com/markets/stocks/news/sc-allows-trade-in-cryptocurrency-quashes-rbi-curb-on-use/articleshow/74470078.cms#:~:text=The%20Reserve%20Bank%20of%20India,dealing%20with%20or%20settling%20those

Video:
https://economictimes.indiatimes.com/markets/stocks/news/sc-lifts-curbs-on-use-of-cryptocurrency-rbi-circular-declared-unreasonable/videoshow/74470928.cms

Although he may have been "right", you can't rule out coincidence. Also, his own son doesn't think he's always right, lol - https://twitter.com/PeterSchiff/status/1303009420713111553?s=20

Having said that, I wouldn't go by everything he says when it comes to bitcoin especially considering he has vested interests and an agenda. I do however, think that bitcoin would crash along with stocks but would recover much faster. Rather than trying to time the market, it's best to be in in it long term if you believe in it. It'll probably weather the crash and then go to new heights pretty quick post that.
 

According to me, it simply boils down to demand and supply. Macro-economic factors are another big price influencer. Government policies also play a huge role. In India, the price began to tank compared to the rest of the world when bitcoin exchanges were "banned" in 2018.

Agree with this. Also in 2017 tether was running its own printing machine and there may have been a bit of foul play involved on their part. A lot of that narrative died down since then though. I think they were able to prove they had the funds. Also just like the DeFi craze now, we had the ICO craze back then. Although I won’t rule out a massive price surge towards the end of this year of early next year. All signs seem to be pointing towards it. So maybe you don’t even have to ge *that* patient

I wonder what happens after 11 years though. Does he get to keep all the BTC he's stashed away and is untraceable? It maybe a decent tradeoff for certain people if you're assured of being a multi-millionaire in 11 years.

With projects like Hotdog coin and the likes doing the rounds, the whole DeFi craze is beginning to look and smell a lot like the ICO bubble a few years ago. Although, i feel that their own acceptance of how ridiculous and scammy it all is is ironically adding to their appeal.
Why do you think this is happening?

I think it's important to know how something works. I think the author means that when bitcoin is truly accepted as money, then people won't question the "why" part of it, since at that point it'd be redundant - they'd just use it as money. 

Electrum is a very good wallet to use and I personally have been using it since forever. Just be sure you're using a version directly from electrum.org

I wonder what price he got in at. Probably around 6k? That'd be a good 100% profit and that too for a large chunk. Some would say it's a bad trade considering bitcoin seems to be in the early stages of a renewed bull run. But as long as he's happy with the trade, then who's to question it.

it all boils down to perspective. A newbie may see it as a risk but a person who's been in the space for a few years wouldn't view it the same way. Even the newbie will see it as less risky after few years. But what if his wallet gets hacked or he carelessly uses some unsecure software? His funds get stolen and he sees it as a risk.
Age matters too. A person in his 20s would be able to risk it all and lose his lifesaving, but a person in their 40s with a family typically wouldn't even dare.
Even bitcoin's age has a lot to do with it. In its infancy it'd been seen as more of a risk than now 10 years later...
So there are many different ways to look at it. Personally, if you're secure about the way you store your funds and use them, it's not a risk at all.
But being careful is the key.

Apart from these games there are quite a few poker sites that also allow bitcoin to be used as a deposit method. There are a lot of advantages to this and makes playing internationally more seamless with less cashout hassles. There's a poker site called coinpoker which works on its native cryptocurrency as well.

it has been so for the past few years even before the pandemic. The currently global situation and the Fed money printer going Brrr give it all the more credibility. But if you ask me, there's still a long way to go. At the end of the day, more power to BTC.

Although Electrum is my go-to wallet, be wary of using older version of the wallet and always get your update directly from electrum.org
A user recently lost $16 million when a pop up from a scammer asked him to update his electrum wallet which led to his funds being stolen.

lol that's a sly way of getting people to know what bitcoin is. About the shady advertising, there'll unfortunately be a lot of it, but that's part and parcel of businesses looking to ride a trend and make a quick buck. Long term it's always honest communication that builds trust and business.

If you're into the technical side of developing blockchains then it can be very lucrative, but I'm not sure how much fun it is to be a developer. There's many aspects to it though and there could be careers in the same space like marketing a blockchain or running its social media that don't necessarily mean you write but but are still in the same industry.